Trade Direction:
BTC Short
Risk Management:
- Risk approx 0.25%
Reason for Entry:
- M30 + M15 Bear Div
- Rejected off Monday low
- Failure to break weekly open
- H1 overbought
- Market is choppy, HTF Bearish
Additional Notes:
- Compounding shorts to maximize edge if trade confirms, currently have a risk free SOL short running. Moving my risk to this.
BTC Short
Risk Management:
- Risk approx 0.25%
Reason for Entry:
- M30 + M15 Bear Div
- Rejected off Monday low
- Failure to break weekly open
- H1 overbought
- Market is choppy, HTF Bearish
Additional Notes:
- Compounding shorts to maximize edge if trade confirms, currently have a risk free SOL short running. Moving my risk to this.
Note
Additionally have a risk free FET long running as a hedge against this. I am however leaning bearish here. To many macro events and bearish POI to ignore. If this fails ~106k is next area of interest.Note
Sideways chop, not moving in either direction yet. still running.Note
Will cut if btc prints a bull div m30Trade active
Moving half the pos to risk free. rest is at current sl.Note
Moving sl on the other 50% to 105,085Note
Full closed. half at BE, half for a small loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.